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you can even compare LVT with Microsoft price etc etc its a free...

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Kingz

168 Posts.

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28/08/19

07:41

Post #: 40186003
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Originally posted by JPjpJPjpJP: ↑

It’s impossible to reason with people about a SaaS company if they are unfamiliar with how SaaS companies work...

Just 2 years ago Xero (XRO AU) was a loss making business. Kingz could point out that expenses were > income which is very astute. It was a circa $20 stock then. It’s $61.49 now. If you can’t factor in the growth component to your reading of finc reports, SaaS companies will always look like a sell until they become cash flow positive. And I can assure you, by then - you will be buying a muuuuuuch larger company at a muuuuch higher share price.

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you can even compare LVT with Microsoft price etc etc its a free world.

GLTAH

LVT Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
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